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STATE SOCIALISM
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Dictionary entry overview: What does state socialism mean?
• STATE SOCIALISM (noun)
The noun STATE SOCIALISM has 1 sense:
1. an economic system in which the government owns most means of production but some degree of private capitalism is allowed
Familiarity information: STATE SOCIALISM used as a noun is very rare.
Dictionary entry details
Sense 1
Meaning:
An economic system in which the government owns most means of production but some degree of private capitalism is allowed
Classified under:
Nouns denoting groupings of people or objects
Hypernyms ("state socialism" is a kind of...):
economic system; economy (the system of production and distribution and consumption)
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"To the man behave like a man, to the dog behave like a dog." (Albanian proverb)
"Pick the lesser of the two evils." (Arabic proverb)
"Have no respect at table and in bed." (Corsican proverb)